Recommendation: NO
Current Price: $346.06
Total Wheels: 13
EditTypically you want to choose options that have a higher than 70% chance of being out of the money, since then you only have a 30% chance of actually acquiring the stock. Beyond that maximumizing the annualized rate of return is a good idea.
Annualized rate of return is computed fairly bullish as (max_return * odds + (1 - odds)) ^ (252 / calendar_days). This assumes that if you accidently acquire the stock you will be able to do something such that effectively get you a 1x return immediately.
| Ticker | Strike | Premium | Ticker Price | Calendar Days To Expiration | Odds Out Of The Money % | Maximum Return % | Annualized Rate Of Return |
|---|---|---|---|---|---|---|---|
| MDB | 340.0 | 32.9 | 346.06 | 34 (2026-03-20) | 58.02% | 9.68% | 1.50x |
| MDB | 340.0 | 17.3 | 346.06 | 19 (2026-02-27) | 57.80% | 5.09% | 1.47x |
| MDB | 330.0 | 27.9 | 346.06 | 34 (2026-03-20) | 62.38% | 8.45% | 1.46x |
| MDB | 320.0 | 7.55 | 346.06 | 14 (2026-02-20) | 74.48% | 2.36% | 1.37x |
| MDB | 330.0 | 35.6 | 346.06 | 74 (2026-05-15) | 62.36% | 10.79% | 1.25x |
| MDB | 300.0 | 35.85 | 346.06 | 144 (2026-08-21) | 70.99% | 11.95% | 1.15x |
| MDB | 260.0 | 17.45 | 346.06 | 98 (2026-06-18) | 81.75% | 6.71% | 1.15x |
| MDB | 250.0 | 15.2 | 346.06 | 98 (2026-06-18) | 83.88% | 6.08% | 1.14x |